Download or read book Stability of Velocity in the Group of Seven Countries written by Mr.Eduard J. Bomhoff and published by International Monetary Fund. This book was released on 1990-09-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper estimates forecasting models using annual data for the income velocity of money in the G-7 countries. The predictions are conditional upon the realized value of the long-term domestic government bond rate. Such conditional forecasts did not deteriorate over the period 1980-1988 as compared with the earlier postwar period. Velocity of M1 is found to be very interest-elastic in almost all countries; velocity of M2 less so. The specifications (based on Kalman filters and smoothers) point to a non-constant (stochastic) trend in velocity, hence questioning the assumptions required for the cointegration techniques used in other research on the demand for money.
Download or read book Stability of Velocity in the Group of Seven Countries written by Eduard J. Bomhoff and published by . This book was released on 2006 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper estimates forecasting models using annual data for the income velocity of money in the G-7 countries. The predictions are conditional upon the realized value of the long-term domestic government bond rate. Such conditional forecasts did not deteriorate over the period 1980-1988 as compared with the earlier postwar period. Velocity of M1 is found to be very interest-elastic in almost all countries; velocity of M2 less so. The specifications (based on Kalman filters and smoothers) point to a non-constant (stochastic) trend in velocity, hence questioning the assumptions required for the cointegration techniques used in other research on the demand for money.
Download or read book IMF Staff papers written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1990-01-01 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transition strategy from administratively set interest rates to market rates is discussed. Despite worldwide trends toward financial liberalization, few monetary authorities are prepared to accept as reasonable any interest rate level that is market determined. The paper suggests some helpful indicators to assess the adequacy of interest rates and discusses factors that contribute to a smooth liberalization process. The main conclusion is that interest rate liberalization is not synonymous with laissez-faire policies, but requires the replacement of the administratively set interest rates by indirect monetary management techniques that operate through the market.
Download or read book The Domestic and Foreign Price Gaps in the P STAR Model written by Ms.Alicia García-Herrero and published by International Monetary Fund. This book was released on 1999-10-01 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper uses the P-STAR model to analyze Spanish prices from 1970 to 1996, adding the foreign price gap to the standard domestic definition of the P-STAR model (the domestic price gap) to assess the role German price movements played in Spanish inflation. The domestic price gap turns out to be the major explanatory variable for inflation, even after the entrance of Spain in the exchange rate mechanism (ERM). This result suggests that the successful disinflation experienced in Spain in the past few years may be more related to domestic conditions than to foreign ones.
Download or read book The G7 G8 System written by Peter I Hajnal and published by Routledge. This book was released on 2019-01-04 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999, this guide to the G7/G8 system discusses the origins, characteristics, role and agenda of the G7/G8 system; reviews its evolution; surveys the major debates and questions about the G7/G8; and provides a detailed study of its complex and elusive documentation. It also includes a comprehensive bibliography, of the G7/G8 and its concerns, listing over 600 books, shorter writings, publications in series, book chapters, articles in periodicals, government publications, international organisation publications and Internet resources. The book is intended as a contribution to scholarly literature and as a useful work of reference for academics, government officials, the media, libraries and the general public.
Download or read book The Decomposition of Economic Relationships by Time Scale Using Wavelets written by James Bernard Ramsey and published by . This book was released on 1997 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book IMF Working Paper written by and published by . This book was released on 1992 with total page 724 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oecd Economic Studies written by Oecd and published by . This book was released on 1991 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book IMF Working Papers and Papers on Policy Analysis and Assessment written by and published by . This book was released on 1986-10 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fiscal Policy Economic Adjustment and Financial Markets written by Mr.Mario Monti and published by International Monetary Fund. This book was released on 1989-06-15 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited by Mario Monti, this volume contains the proceedings of a seminar that was held in Milan at the Centre for Financial and Monetary Economics, Universitá Luigi Bocconi. Participants included government officials, academicians, and economists; they provide a many-faceted view of fiscal policy at the domestic level and in the broader context of international policy coordination.
Download or read book World Economic Outlook April 1986 written by International Monetary Fund and published by . This book was released on 1986 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book World Economic Outlook May 1986 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1986-01-01 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes the world economy in 1991 and balanced growth in industrial countries. The year 1985 has been somewhat disappointing from the viewpoint of economic growth. Expansion fell back by more than expected in the industrial world, and world trade increased only modestly. Macroeconomic policies in industrial countries are likely to be directed toward the medium-term objective of maintaining financial stability, while reducing the claims of governments on economic resources. Macroeconomic policies in developing countries reflect the considerable diversity of circumstances of the countries included in this group.
Download or read book Toward a World of Economic Stability written by Yoshio Suzuki and published by . This book was released on 1988 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Flight Stability and Automatic Control written by Robert C. Nelson and published by WCB/McGraw-Hill. This book was released on 1998 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of Flight Stability and Automatic Control presents an organized introduction to the useful and relevant topics necessary for a flight stability and controls course. Not only is this text presented at the appropriate mathematical level, it also features standard terminology and nomenclature, along with expanded coverage of classical control theory, autopilot designs, and modern control theory. Through the use of extensive examples, problems, and historical notes, author Robert Nelson develops a concise and vital text for aircraft flight stability and control or flight dynamics courses.
Download or read book The Oxford Encyclopedic English Dictionary written by Joyce Hawkins and published by Oxford University Press, USA. This book was released on 1991 with total page 1826 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a new all-in-one reference book, providing within a single volume a comprehensive dictioanry of current English and all the information of a concise world encyclopedia. It contains over 200,000 dictionary definitions and 10,000 encyclopedic entries; chronology of world events; 16 pages of color maps and 100 pages of extra encyclopedic information.
Download or read book The Future of the SDR in Light of Changes in the International Monetary System written by Mr.James M. Boughton and published by International Monetary Fund. This book was released on 1996-09-26 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book edited by Michael Mussa, James M. Boughton, and Peter Isard, records the proceedings of a seminar held at the IMF in March 1996 on the future of the special drawing right (SDR), given changes in the international monetary system since the inception of the SDR. The seminar focuses on the differences in opinion in the international community on the desirability or feasibility of an additional allocation of SDRs.
Download or read book Treatise on General and Industrial Inorganic Chemistry written by Ettore Molinari and published by . This book was released on 1920 with total page 908 pages. Available in PDF, EPUB and Kindle. Book excerpt:
